The Most St. Gaudens for the money would be???
Tonedbuff
Posts: 1,190
Okay,
I don't collect gold. Never have. BUT, I want one St Gaudens for my collection. I'd like PCGS or NGC cert, don't care date, but am looking for a good looking example that would sell closest to melt.
So, what should I look for (date and grade wise) and at what price range? What will have more eye appeal, a low MS or an AU58? What sellers have the best deals, etc?
Any help would be appreciated!
I don't collect gold. Never have. BUT, I want one St Gaudens for my collection. I'd like PCGS or NGC cert, don't care date, but am looking for a good looking example that would sell closest to melt.
So, what should I look for (date and grade wise) and at what price range? What will have more eye appeal, a low MS or an AU58? What sellers have the best deals, etc?
Any help would be appreciated!
0
Comments
If you go for the 58, be fussy, as AU-58 gold is often overgraded. Of course, if you're really fussy you'll probably have to pay 61/62 money for it anyway.
Good luck in your search.
-Amanda
I'm a YN working on a type set!
My Buffalo Nickel Website Home of the Quirky Buffaloes Collection!
Proud member of the CUFYNA
<< <i>You can pick up common dates for about 10% over melt in MS63 right now. The 1908 N.M. 1924, 1926, 1927, 1928 are a good deal. >>
The trouble is when the gold prices come down from recent highs, the small dealers either pull their coins out of their cases and won't sell them, or they won't drop the pirce. That's what happened at the Lakeland, Florida show this weekend.
I've found that the best buys for the look can be found among common date St. Gaudens coins in MS-62 and 63 holders. The third party graders don't agonize over these coins very much, and the quality within grades like MS-62 and 63 can be quite broad. For example a dealer at Lakeland had eight 1928 St. Gaudens $20 on sale from a consignment in green label MS-62 PCGS holders. The quality ranged from "visually challenged" MS-62 to one piece that was darn near an MS-64. The asking price did not reflect the current depressed prices (he wanted the same money for any one of them - you could pick), but for a collector the "almost MS-64" was a pretty good deal ... unless the gold bullion price really hits the skids in future months.
Thank you all.
Anyone know of reputable dealers that would carry MS63 level coins in common dates?